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Business, 15.11.2019 23:31 Isaiahtate053

Omaha plating corporation is considering purchasing a machine for $1,500,000. the machine is expected to generate a constant after-tax income of $100,000 per year for 15 years. the firm will use straight-line (sl) depreciation for the new machine over 10 years with no residual value. what is the payback period for the new machine?

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